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Houlihan-Parnes/ iCap Realty Advisors, LLC announced the placement of a $4,000,000 first mortgage on the 60,000 s/f neighborhood shopping center, Brentwood Plaza in Long Island.


Houlihan-Parnes/ iCap Realty Advisors, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 announced the placement of a $4,000,000 first mortgage on the 60,000 s/f neighborhood shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into , Brentwood Plaza in Long Island. The loan is fixed at 6% for ten years, with monthly payments of interest only for 5 years and 30-year amortization thereafter. There was no fee to the lender and no escrow deposits are required. The property consists of 19 stores anchored by a Compare Foods supermarket. The borrower was represented in the transaction by Aubrey Riecardi of Goldberg Weprin & Ustin LLP LLP - Lower Layer Protocol , and title was provided by Phil Linz Philip Francis (Phil) Linz (born June 4, 1939 in Baltimore, Maryland) is a former backup infielder in Major League Baseball. From 1962 through 1968, Linz played for the New York Yankees (1962-65), Philadelphia Phillies (1966-1967[start]) and New York Mets (1967[end]-1968).  of Stewart Title.
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Title Annotation:FINANCE
Comment:Houlihan-Parnes/ iCap Realty Advisors, LLC announced the placement of a $4,000,000 first mortgage on the 60,000 s/f neighborhood shopping center, Brentwood Plaza in Long Island.(FINANCE)
Publication:Real Estate Weekly
Date:Aug 29, 2007
Words:101
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